This rating describes our personal assessment of the user-friendliness of the product. How easy is the onboarding process? How modern is the user interface and is it easy to use? Are all the important functions quick and easy to find? We ask ourselves all these questions in order to give a personal rating from 1 to 10 points.
For products or services in the crypto space, trust and security should be the biggest factors in the selection process. Since we could not seriously evaluate the technical security of a platform or product, we analyze publicly available factors such as security features, location, regulation, certifications, audits, team/company, general reputation and, of course, track record.
Crypto doesn't have to be cryptic. Especially for beginners, the first contact with the crypto world can be overwhelming. With this rating, we give our assessment of how easy it is for beginners to find their way around: from the onboarding process to using the most important functions.
Customer support is an important factor for many users. A long wait or no response at all in the event of problems can be frustrating, especially when it comes to sensitive topics such as finances. With this rating, we give our assessment of the quality of customer support. In order to provide as balanced an assessment as possible, we also include user opinions from other platforms in our evaluation.
Some exchanges and brokers are regulated by financial supervisory authorities in certain countries/states. This often entails strict financial regulatory requirements and compliance requirements to which the company must adhere. Regulatory clarity can contribute to greater transparency and thus also greater trustworthiness.
Do you have ideas or suggestions for changes? Then we look forward to your feedback! We make every effort to keep all metrics and information as up-to-date as possible. However, if you discover an error or outdated information, we would be delighted to hear from you.
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A wallet that is “open source” makes its software code public (e.g. on Github). Either the entire program code or at least significant parts of it are publicly accessible. This has the advantage that many parties can review the code and security gaps or other vulnerabilities are discovered and improved more quickly.
The so-called "private key" is a unique sequence of numbers and characters and the private key that gives you direct access to and control over your cryptocurrencies. The private key is used to sign transactions. In simple terms, it can be seen as a digital fingerprint that proves that you are the owner of the cryptocurrencies. If you store your cryptocurrencies on so-called "custodial wallets" (e.g. crypto exchanges), you are not the owner of your private keys.
The anonymity of “non-custodial wallets” is generally relatively high. However, there are differences between providers when it comes to collecting and storing user data. There can also be differences in the ordering process for hardware wallets as to which user data is stored and for what period of time
The so-called “secure element” is a chip (microprocessor) that stores your private key and is separated from the rest of the hardware. This special chip gives the hardware wallet significantly more protection against local, physical attacks. Depending on the chip, a different level of security can be offered. Some chips can be compromised with less effort, while with others this is only possible with special equipment and is extremely complex.
The so-called “secure element” is a chip (microprocessor) that stores your private key and is separated from the rest of the hardware. This special chip gives the hardware wallet significantly more protection against local, physical attacks. Depending on the chip, a different level of security can be offered. Some chips can be compromised with less effort, while with others this is only possible with special equipment and is extremely complex.
The overall rating is the average of our individual ratings. Our ratings do not constitute investment advice, but merely our personal opinion. You are welcome to use them as rough indicators and additional perspective. In the dynamic and fast-growing crypto sector, parameters can often change from one day to the next, so we cannot guarantee that the rating data is up to date. Therefore, please never use our ratings as an isolated basis for decision-making and not as a substitute for your own research.
Some wallets offer an integrated trading function within the wallet to buy and sell cryptocurrencies directly. This functionality is usually made possible by a connection to the web interface of an exchange. The integrated trading function in wallets offers enormous advantages: cryptocurrencies can be bought in the same place where they are to be stored. The manual transfer of cryptocurrencies from an exchange to your own wallet is therefore no longer necessary, which can save time and money.
Multisignature wallets or multisig wallets are wallets that require at least two private keys to sign a transaction. This additional process makes it possible to greatly increase security against unwanted access, for example through personal threats. This security mechanism is particularly useful when storing particularly high assets.
If the hardware wallet or the device with the corresponding software wallet is lost or damaged, there is no need to panic. As long as you have your private key or recovery seed (also called “seed phrase”) in your possession, you can restore your wallet at any time. The recovery seed is a combination of 12-24 words and is the most common backup method for wallets. Important: Keep your recovery words and private keys secret and never share them with other people!
The Atomic Wallet is a very well-designed and yet user-friendly wallet. It often is compared to the Exodus wallet but falls short when you start comparing features side by side. While reviews on major platforms and app stores are generally positive, we still recommend opting for a more feature-rich software wallet or going with a secure hardware wallet such as Ledger or Trezor.
Atomic Wallet
Overview
Quick Facts
Atomic Wallet is a user-friendly software wallet, ideal for storing and transferring your crypto. It allows users to exchange (swap) or buy coins and tokens within the wallet. Aside from the wallet features it also offers a staking feature, where users can earn interest by staking their tokens within the wallet.
Informations
Pro's & Con's
- Easy to use
- Clear and intuitive app interface
- Supports a wide variety of coins
- No support for hardware wallet integration
- Slightly higher trading fees
- Insufficient customer support
- Lacks Web3 interface
Atomic Wallet
Hardware
Atomic Wallet
User Interface
Offer and features of
Atomic Wallet
Functionality
Unique Features
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Platforms
Customer Reviews
-- reviews
/ 5 average rating fromWrite a Review
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Atomic Wallet
User Reviews
The atomic wallet is loved by fans for its easy interface. Users like the easy ways to travel around the space of the wallet and the clear style for data shown. But a few say there are a few errors that tick them off.
Users of the Atomic Wallet can exchange crypto inside the wallet. Stake too. High exchange fees bother some. More options: extending functions, limit orders.
Users like that Atomic Wallet can hold various coins. Customers enjoy the fact that it allows them to easily send and receive more coins than just Bitcoin. These customers are eager for the app to add even more kinds of coins to its library.
The Atomic Wallet is known for its high security features, the encryption keys are stored on the device of the owner. Some users believe that the mobile app is not quite safe, potentially poses a threat.
Atomic Wallet is well-suited for beginners. It's easy and accessible, making it ideal for those new to cryptocurrency. However, experienced users mention that although it is generally accessible, it also needs a little training period.
Public opinion regarding the Atomic Wallet's customer service is a mixed bag. Some people have kind words for the company's helpful and attentive customer service team, while others have stated that their requests might wait a long time before they receive any kind of response.
The Atomic Wallet has gotten good reviews because it is easy to use, supports vast types of cryptocurrencies, and is highly secure. Even though it has some customer service issues, some features need improvement, and there are some security worries. People are generally happy with Atomic Wallet.
About
Atomic Wallet
Atomic Wallet
About the author
At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.
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